Bitcoin Price Intraday Analysis: BTC/USD More Bearish than Ever

Bitcoin Price Intraday Analysis: BTC/USD More Bearish than Ever

Advertisement The bitcoin price continues to trade sideways on Monday after a stable showing during the weekend on the daily charts. The bitcoin-to-dollar exchange rate is trading at 6398-fiat at the time of writing, 0.85 percent lower than its Sunday high. The pair has found a decent support area in 6350-6400-fiat zone. But, it does…

Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Advertisement Bitcoin remains motionless as the price enter yet another day of anxious stability. The Bitcoin-to-dollar exchange rate is extending its sideways consolidation trend. The spike seen at the beginning of this week – mostly because of the Tether crash – is fading aptly in the absence of adequate bullish sentiment, halted near circa 6550-fiat.…

Bitcoin Price Intraday Analysis: BTC/USD in Bull Trap, Again

Bitcoin Price Intraday Analysis: BTC/USD in Bull Trap, Again

Advertisement The Bitcoin-to-dollar exchange rate consolidated sideways as an extension to its intraday stable action. The pair seems to have found a decent support above 6400-fiat, but an equally stubborn resistance near 6530-fiat is holding its gains. Currently, BTC/USD is trading at 6439-fiat, down 0.54 percent from the previous day’s close. On the fundamental front,…

Bitcoin Price Intraday Analysis: BTC/USD Confirms Bull Trap

Bitcoin Price Intraday Analysis: BTC/USD Confirms Bull Trap

Advertisement The Bitcoin-to-dollar exchange rate on Tuesday dropped 1.69 percent from 6734-fiat to 6620-fiat after confirming a bull trap. The current market volume is lower than expected to excite a steady upside – even downside. In our previous analysis, we had stated that a breakout would be confirmed once we climb over September 5 high.…

Bitcoin Price Intraday Analysis: BTC/USD between Breakout and Bull Trap

Bitcoin Price Intraday Analysis: BTC/USD between Breakout and Bull Trap

Advertisement The Bitcoin-to-Dollar exchange rate on Monday surged 2 percent against the US Dollar from 6590-fiat to 6729-fiat on bottom formation sentiment and increased institutional investments. The Bitcoin had a steady week, rising and dropping within a specific range with its trend facing upward. Many believe the digital currency has found its bottom and a…

Bitcoin Price Intraday Analysis: BTC/USD Supported at $6,500

Bitcoin Price Intraday Analysis: BTC/USD Supported at $6,500

Advertisement Bitcoin started this week on a bearish note, depreciating more than 2 percent against the US Dollar on a low-volumed Monday. BTC/USD is undergoing a reversal from its previous week’s high near 6828-fiat. The pair initially formed lower lows below 6500-fiat, but later reclaimed the level as support in an upside correction phase. Even…

Ripple Price Intraday Analysis: XRP/USD Moons amid FOMO

Ripple Price Intraday Analysis: XRP/USD Moons amid FOMO

Advertisement Ripple on Friday underwent massive appreciation against the US Dollar, rising as much as 45 percent from its intraday low. Ripple Labs expressed strong fundamentals over the course of the past week. For starters, the San Francisco company behind the XRP token signed a strategic partnership with the National Commercial Bank, Saudi Arabia’s first…

Bitcoin Price Intraday Analysis: BTC/USD Near Breakout

Bitcoin Price Intraday Analysis: BTC/USD Near Breakout

Advertisement Bitcoin on Tuesday continued its uptrend, rising close to 3 percent since its intraday low from yesterday. The BTC/USD pair today opened near 7272-fiat while correcting from its previous low around 7248-fiat. At the beginning of the Asian trading session, the pair stayed on a stable and steady uptrend. As the session matured, and…

Bitcoin Price Intraday Analysis: BTC/USD Reverses from $7,000

Bitcoin Price Intraday Analysis: BTC/USD Reverses from $7,000

Advertisement Bitcoin on Friday recovered more than 3 percent from its intraday low near $6,800. The BTC/USD began the day continuing to its steady upside recovery and reached as above as 7020-fiat during the early Asian trading session. The bounce back could have been more effective had it managed to break above 7000-fiat for a…

IOTA Price Technical Analysis: No Room for Recovery

IOTA Price Technical Analysis: No Room for Recovery

Advertisement The IOTA token value on Wednesday tumbled by over 20% against the US Dollar. The IOT/USD pair in July had established a monthly high at 1.254-fiat. But owing to the cryptocurrency market’s poor health, the pair failed to sustain its peak and fell towards 0.881-fiat. The level proved to be a decent support and influenced…